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DT 7 / 2024

Knut Kjær.jpg

Former oil fund chief challenges restrictions on renewable energy investments

The Norwegian oil fund is now so big that it should invest more in emerging economies, says the fund’s former head Knut N. Kjær. He questions current rules barring investments in renewable energy projects outside Europe and North America. “I really cannot understand why [the fund] is lagging behind targets in building this portfolio,” he says to Development Today.

Business September 27, 2024

Støre Zelensky -Torbjørn Kjosvold - SMK photo - Nato 75 år - Toppmøte i Washington July 2024 cropped.jpg

Norfund gets green light to invest in Ukraine

The government has finally opened for Norfund, Norway’s development finance institution (DFI), to invest...

Business September 27, 2024

Mette Frederiksen Ajay Banga cropped.jpg

Danish early record-high pledge for World Bank’s IDA

Prime Minister Mette Frederiksen broke all the rules when she announced a 40 per cent increase in Denmark...

News September 25, 2024

Civil society strategy outlines Sida’s new funding system, earmarks direct grants to Global South

The new Swedish civil society strategy calls for more transparency and diversity in Sida’s support to...

News September 25, 2024

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PM Støre expands Norwegian tropical forest commitment to NOK 85 billion

The Norwegian government “wants to save more rainforest,” and is extending its tropical forest programme...

News September 24, 2024

Swedish aid on a downward path to 0.7 per cent of GNI - and beyond

The government’s aid budget proposal puts Sweden on a path of reducing aid from 1.0 per cent to 0.7 per...

News September 20, 2024

Sony Kapoor - cropped.jpg

The currency market shuts out developing countries, hampers green investments, and makes debt swell

Poor countries are largely shut out of the world’s largest marketplace, and they do not have the option...

Opinion September 23, 2024

Sida delays NGO funding decision as it awaits new civil society strategy

Three hundred non-governmental organisations – including 250 from the Global South – are holding their...

News September 18, 2024

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Swedish government pledges further aid cuts in coming years

The Swedish government announces cuts in official development assistance in the coming years. Starting...

News September 18, 2024

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With Finns Party at the helm, development policy consensus is ‘broken’

Finnish aid has been cut and policy upended since the Finns Party took over the aid portfolio last year....

News September 12, 2024

Finnish white papers redefine aid as a tool of trade and secruity

The Finnish government has presented two white papers which together redefine development assistance...

News September 12, 2024

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